Brazil: No Trade Impact to Iran Shipping Impasse

July 24, 2019

Brazil's foreign trade secretary Lucas Ferraz said there are no signs that the impasse involving Iranian ships without fuel near Brazilian ports will affect bilateral trade relations.

So far, Ferraz said, there has been no impact on Brazilian exports to Iran. The ships, scheduled to bring grains back to Iran, lack fuel for the journey because state-run oil company Petroleo Brasileiro SA refused to sell them bunker fuel due to U.S. sanctions on Iran.

Reporting by Rodrigo Viga Gaier

Logistics News

Coast Guard Issues Notice on Unmanned Vessels

Coast Guard Issues Notice on Unmanned Vessels

LCA says Key Commodity Trade Up 4.5%

LCA says Key Commodity Trade Up 4.5%

Alex Gregg-Smith Takes Over As IACS Council Chair

Alex Gregg-Smith Takes Over As IACS Council Chair

Giovanni Corbetta Appointed as New Chief Executive Officer at Unique Group

Giovanni Corbetta Appointed as New Chief Executive Officer at Unique Group

Subscribe for Maritime Logistics Professional E‑News

German media reports that Germany has indicted Ukraine over the Nord Stream Pipeline explosions.
RPT-LME is considering easing rules in order to promote Hong Kong as a metals hub
Five injured in firebombings at homes of Greek ruling party